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A Class of Solutions for Group Decision Problems

Yu, P. L.·1973·Management Science

Abstract

Given a set of utility functions defined on a decision space for a group of individuals, we introduce the concept of utopia point for the group as well as the group regret of a feasible decision. The group regret of a decision varies with a class of distance functions. The class of solutions under study are those which minimize the group regret according to the class of distance functions. We investigate its properties from!he viewpoint of decision rationale. The bounds and monotonicity of the solutions together with their computation are also explored.

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Metadata

Authors
Yu, P. L.
Venue
Management Science
Published
1973-04
Volume
19
Issue
8
Pages
936-946
ISSN
  • 0025-1909 (ISSN-L)
  • 1526-5501
OpenAlex
W2057178439
Cited by
1,097
References
0
FWCI
11.22
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: A Class of Solutions for Group Decision Problems. https://app.cochat.ai/papers/10.1287/mnsc.19.8.936
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Yu, P. L. (1973). A Class of Solutions for Group Decision Problems. Management Science. https://doi.org/10.1287/mnsc.19.8.936

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.